According to Mars Finance, Ki Young Ju, the founder and CEO of CryptoQuant, stated on the X platform that as long as funds continue to flow in, Bitcoin is not in a Bear Market, and currently, funds are still flowing into Bitcoin. If OG Whales stop selling and the macro market sentiment reverses, Bitcoin could rebound at any time. Ki Young Ju previously pointed out that the cost basis for investors who entered the Bitcoin market 6-12 months ago is close to $94,000, and he does not believe that we have entered a Bear Market cycle unless it drops below that price level.
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